Topics :: personal finance

Lawmakers understand that cutting current retirees' benefits is a political nonstarter -- so they will be tempted to foist the biggest cuts on people farther away from retirement (who are presumably paying less attention).

People who aren't rich or famous typically don't have prenuptial agreements, which are legal documents detailing who gets what in a divorce. But ven ordinary folks without prenups should think about how to protect their money.

The problem with weekly or even monthly allowances is that the cash simply comes too often. Less frequent lump sums, on the other hand, can teach teenagers how to plan and save for future expenses - two crucial habits they'll need.

As credit card rewards rates and bonuses skyrocket in value, they've fattened the wallets of many creditworthy consumers. But one group especially can benefit from these ever-growing offers: Millennials.